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REQUEST FOR <br />Historic Resources Commission fiction <br />I~ISro~c ~souRCES can~ssaN nnEErr~c IDu41E: <br />NOVEMBER 6, 2008 <br />TITLE: <br />HISTORIC PROPERTY PRESERVATION <br />AGREEMENT NO. 2008-23 FOR THE PROPERTY <br />LOCATED AT 2336 NORTH RIVERSIDE DRIVE <br />Prepared by Hally Soboleske <br />~sr'owc ii~sou~s aon~sior~ sEC~ra~r <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Set Public Hearing For <br />CONTINUED TO <br />_ ~~ ~~ <br />Executive Director Planning Man erf <br />RECOMMENDED ACTION <br />Recommend that the City Council authorize the City Manager and Clerk of <br />the Council to execute the attached agreement with Susan Hart for the <br />structure located at 2336 North Riverside Drive, subject to non- <br />substantive changes approved by the City Manager and City Attorney. <br />DISCUSSION <br />Request of Applicants <br />The applicant, Susan Hart, requests the approval of Historic Property <br />Preservation Agreement No. 2008-23 (Mills Act) between the property <br />owner and the City of Santa Ana. <br />Property Description <br />The subject property includes a single story Spanish Colonial Revival <br />with a detached garage located at 2336 North Riverside Drive <br />(Exhibit 1). The property is within the Floral Park neighborhood and <br />the surrounding land uses are residential. <br />Analysis of the Issues <br />In March 1999, the City Council approved an ordinance authorizing <br />Historic Property Preservation Agreements (HPPA), commonly known as the <br />Mills Act contracts, for eligible historic properties. The agreement <br />provides monetary incentive to the property owner in the form of a <br />property tax reduction in exchange to the owner's voluntary commitment <br />to maintain the property in a good state of repair and to rehabilitate <br />the property as necessary. Once recorded, the agreement triggers the <br />use of a different valuation method in determining the property's <br />assessed value, thereby resulting in potentially significant property <br />tax savings for the owner. <br />EXHIBIT A <br />251-3 <br />